Comparison of microfinance institutions between Cameroon and Finland
Dzelamunyuy, Ngoran Peregrine (2023)
2023
All rights reserved. This publication is copyrighted. You may download, display and print it for Your own personal use. Commercial use is prohibited.
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2023092126155
https://urn.fi/URN:NBN:fi:amk-2023092126155
Tiivistelmä
Microfinance has emerged as a powerful tool for poverty alleviation and economic development, providing financial services to marginalized populations who are typically excluded from traditional banking systems.
This study aimed to provide a comprehensive comparison of the microfinance sectors in Finland and Cameroon, two countries with distinct economic, social, and cultural contexts. By examining the historical development, regulatory frameworks, key microfinance institutions, challenges, and opportunities, as well as the impact of microfinance on socio-economic development in both countries, this research sought to identify best practices and lessons that can be applied to enhance the effectiveness of microfinance as a tool for poverty alleviation and economic development.
Additionally, the study aimed to contribute to the existing literature on comparative microfinance research and provide policy recommendations for the continued development of the microfinance sectors in Finland, Cameroon, and other countries.
This study aimed to provide a comprehensive comparison of the microfinance sectors in Finland and Cameroon, two countries with distinct economic, social, and cultural contexts. By examining the historical development, regulatory frameworks, key microfinance institutions, challenges, and opportunities, as well as the impact of microfinance on socio-economic development in both countries, this research sought to identify best practices and lessons that can be applied to enhance the effectiveness of microfinance as a tool for poverty alleviation and economic development.
Additionally, the study aimed to contribute to the existing literature on comparative microfinance research and provide policy recommendations for the continued development of the microfinance sectors in Finland, Cameroon, and other countries.